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HomeGain inducts 15 new real estate agent members into its elite commissions based award clubs; Total club membership reaches 1,080, each member earning at least $50,000 in commissions from HomeGain’s Agent Evaluator Program

Emeryville, CA – June 27, 2012 – HomeGain, a leading website that connects REALTORS® with home buyers and sellers, today announced that it is inducting 15 new members into its commission based award clubs. The total number of award clubs members now stands at 1,080.

“We are delighted that over 1,000 HomeGain members have been inducted into our AgentEvaulator Awards Clubs,” stated Louis Cammarosano, General Manager at HomeGain. “We would like to congratulate them all and welcome the fifteen latest entrants to these exclusive clubs that require members to earn at least $50,000 in commissions from using HomeGain’s Agent Evaluator program.”

Since the first quarter of 2012, HomeGain has inducted the following real estate club members:

One new HomeGain Diamond Club member (totaling 30 members who have earned $500,000 or more)

Two new HomeGain Platinum Club members (totaling 410 members who have earned $125,000 or more)

Eight new HomeGain Gold Club members (totaling 337 members who have earned $75,000 or more)

Four new HomeGain Silver Club members (totaling 301 members who have earned $50,000 or more)

On Monday April 23, 2012, Louis Cammarosano, General Manager of HomeGain, was a guest on the Real Estate 360 Live radio show on The Big Talker 1580 WHFS AM, hosted by Ryan Sloper.

Listen to the show.

Part 1 (14:40)

Ryan notes that the Fed is going to meet again next week and that many experts expect another round of quantitative easing. Louis thinks that the Fed won’t announce QE3 and that a lot of capital is flowing into the US as a result of the problems in Europe and that indeed many economists expect the US dollar to appreciate in value. Louis is not certain that is a well founded belief, but one that is prevalent.

Louis notes that an announcement of QE3 might cause a bit of a panic because it would be an admission that the recovery is not taking hold and oil prices would rise. Louis thinks that although the Fed may want to do QE3 they will probably hold off until after the election in November. Louis notes that the average investor is either short on cash or can not save as interest rates are low so they put their money in the stock market which drives valuations higher.

Louis notes that if you really wanted a strong dollar you would want higher interest rates so people would save money and invest in treasuries, rather than the Fed printing money out of thin air to buy them and thereby devaluing the dollar. Ryan notes that the dollar is appreciating vs the Euro. Louis notes that the dollar is not however strengthening against gold silver and oil. Louis notes that the amount of gold being mined is not as great as the amount of money being printed.

Louis and Ryan note the rising rental market. Louis notes that college grads will also put pressure on the rental market as most won’t be in a position to buy homes as they have student loans to pay and poor job prospects and will more often than not be renting. Louis notes that the American Dream of home ownership is in jeopardy for young people.

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Today HomeGain announced that it is inducting 18 AgentEvaluator® Find A Realtor® club members, bringing the total to 73 inducted agent members this year — and whom together have earned over $6.8 million in gross lifetime real estate commissions. Read the press release.

5 new HomeGain Platinum Club members (totaling 369 agent members who have earned $125k or more in gross real estate commissions from HomeGain leads)

7 new HomeGain Gold Club members (totaling 303 agent members who have earned $75k or more)

6 new HomeGain Silver Club members (totaling 260 agent members who have earned $50k or more)

“We are pleased to induct these new club members and highlight their remarkable level of achievement,” stated Louis Cammarosano, General Manager at HomeGain.

HomeGain has 26 agent members in its Diamond Club (who have earned more than $500k in gross commissions) and two members in its Million Dollar Club (who have earned more than $1,000,000 in gross commissions).

HomeGain AgentEvaluator Award Club members have earned over $100 million dollars worth of real estate commissions since 1999 when HomeGain was founded. Award Club membership has grown to include 960 HomeGain members.

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